Cantabile Youth Singers

Analysis

Cantabile Youth Singers is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cantabile Youth Singers reported income of $561k and spending of $504k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $561k (-52%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cantabile Youth Singers sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Sandbox a Hilton Head Area Children Museum Inc ($561k), River Gallery School Inc ($561k) and Scotfest Inc ($561k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $97k (19% of expenses). Other salaries and wages came to $133k. At year end it held assets of $546k against liabilities of $72k, net assets of $475k. It reported 6 employees.